Mayor, Council Speaker Strike Deal on $112.4 Billion Balanced FY 2025 Budget
New York City Mayor Eric Adams, New York City Council Speaker Adrienne Adams, Council Finance Chair Justin Brannan, members of the City Council, and senior members of the Adams administration announced an agreement on Friday, June 28, for an on-time, balanced, and fiscally-responsible $112.4 billion adopted budget for Fiscal Year (FY) 2025.